2016 increase in retail turnover expected to be about 2.0% in real terms

WIESBADEN – According to estimates of the Federal Statistical Office (Destatis), retail turnover 2016 in Germany is expected to be in real terms between 1.8% and 2.1% larger than that in 2015. In nominal terms turnover is expected to increase by between 2.4% and 2.6%.

This estimation is based on data for the first eleven months of 2016. In this period retail turnover was in real terms 1.9% and in nominal terms 2.2% larger than that in the corresponding period of the previous year.

According to provisional data turnover in retail trade in November 2016 was in real terms 3.2% and in nominal terms 4.1% larger than that in November 2015. The number of days open for sale was 26 in November 2016 and 25 in November 2015.

When adjusted for calendar and seasonal variations (Census-X-12-ARIMA), the November turnover was in real terms 1.8% and in nominal terms 1.6% smaller than that in October 2016.

Press release in other language

Copyright

About the author

Our mission is to provide and disseminate statistical information which has to be objective, independent and of high quality. Our federal statistics are available to everybody: politicians, authorities, businesses and citizens.

Traditionally, the President of the Federal Statistical Office has also been Federal Returning Officer. He prepares the elections to the German Bundestag and to the European Parliament and, subsequently, states the election results.

One of the political goals in Germany is to permanently keep administrative costs at a low level. As a neutral service provider for the Federal Government, we measure the administrative costs incurred by enterprises, authorities and citizens through legal provisions.

In international cooperation, we are actively involved in enhancing statistics at the European and international levels.

For a long time already, we have cooperated with Deutsche Bundesbank. A Memorandum of Understanding has put this cooperation on a solid basis.

BEIJING, June 6, 2020 /PRNewswire/ -- TuanChe Limited (the "Company" or "TuanChe") (NASDAQ:TC), a leading omni-channel automotive marketplace in China, today announced that the Company's board of directors (the "Board") has appointed Mr. Chenxi Yu, t...

The latest employment report had every economist scratching their head. The stunning 2.51 million jobs created in May is leading many investors to become even more optimistic that the underlying economy is improving. The worst might be behind us bu...